Tech Company Financing Transactions
Chia Network Funding Round
On 3/29/2018, Chia Network announced $3.4 million in Seed funding from private investors, Andreessen Horowitz and Greylock Capital.
Transaction Overview
Company Name
Announced On
3/29/2018
Transaction Type
Venture Equity
Amount
$3,395,000
Round
Seed
Investors
Proceeds Purpose
The money will help the startup build out its Chia coin and blockchain powered by proofs of space and time instead of Bitcoin's energy-sucking proofs of work, which it plans to launch in Q1 2019.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
44 Montgomery St.
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Website
Email Address
Overview
Chia Network is a San Francisco-based company focused on improving crypto-currency infrastructure. Our CEO, Bram Cohen, famously invented BitTorrent: the first modern decentralized network protocol and one of the inspirations for the Bitcoin protocol.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bram Cohen
Chief Financial Officer
Mitch Edwards
President
Gene Hoffman
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